Saturday, March 03, 2007

The week in review

  • DJIA shed 533.38 points, 4.22% and finished Friday at 12,114.10. Just a little painful.
  • S & P 500 dropped 64.12, 4.41% and stands at 1387.17.
  • Crude oil was up half a buck, .82% to $61.64.
Normal markets correct from time to time. A correction is usually defined as a decline of over 10%. This market is down less than ten percent so it has a long way to go for this little downturn to even be considered a correction. Yes, it was the worst week in over four years but ignore the media who want you to believe the sky is falling and stick to your investment plan.

1 comment:

Anonymous said...

Could not find a suitable section so I written here, how to become a moderator for your forum, that need for this?